CodiPlay raised $9 million to expand in the MENA region

The Kazakh EdTech startup CodiPlay has successfully raised $9 million in a Series A funding round at a valuation of $100 million. The round included a group of investors from Saudi Arabia, the UAE, and Qatar, among them Christian Eichner, Senior Executive Vice President of Strategy at the National Bank of Qatar and a well-known business angel, as well as the direct investment fund Global Capital. The funding will allow CodiPlay to expand its presence in the MENA region, particularly in the UAE, Saudi Arabia, and Qatar — countries with developed economies and low inflation rates.

CodiPlay offers innovative solutions for general education schools based on cutting-edge technologies. The company plans to strengthen its presence in the MENA region by connecting to an ecosystem of 3,000 schools over the next two years. This makes CodiPlay the first Kazakh educational project to set such an ambitious goal.

The successful fundraising and scaling plans highlight the growing international interest in Kazakh tech projects, while also strengthening CodiPlay's position as one of the key players in the educational technology sector.

Through the platform, schools teach students digital literacy. Children independently work on creating devices based on IoT gadgets — from smart homes to drones that respond quickly to commands. This develops critical thinking, creativity, and decision-making skills.